CEDAR RIDGE, HIGHER MARLEY ROAD, EXMOUTH, EX8 5DT - £642,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CEDAR RIDGE is a very large extended detached house of 177m², built sometime between 1967 and 1975. It was last sold for £642,000 in October 2020, which was around 43% above the average October 2020 detached price in the East Devon local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

CEDAR RIDGE Sold Prices

Land registry data shows three sales for CEDAR RIDGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three CEDAR RIDGE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 23 OCT	£642,000	£449,594	43% above HPI
2013 8 FEB	£425,000	£322,990	32% above HPI
1997 6 AUG	£185,000	£106,606	74% above HPI

CEDAR RIDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The three CEDAR RIDGE sales between August 1997 and October 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2013 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2020 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is CEDAR RIDGE?

CEDAR RIDGE is 177m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Exmouth, and where CEDAR RIDGE lies on this distribution: 90% of detached houses are smaller than CEDAR RIDGE, and 10% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

CEDAR RIDGE: Plot and Title Map

CEDAR RIDGE sits on a plot of roughly 0.512 of an acre, or 2,074m². The below map shows the location of CEDAR RIDGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of CEDAR RIDGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is CEDAR RIDGE?

CEDAR RIDGE is located on HIGHER MARLEY ROAD in EXMOUTH, in the EX8 postcode district. The below map shows the position of CEDAR RIDGE on HIGHER MARLEY ROAD.